An analysis of schedule buffer time for increased robustness and cost efficiency in Scandinavian Airlines´traffic program
The airline industry has become more competitive since the introduction of low fare airlines in the 1990s. Thus, requirement of optimized planning is nowadays essential in order to obtain high market shares. The planning behind an airworthy traffic program is complex and includes many different resources, as fleet, crew and maintenance, which have to be synchronized. With a constant risk of unforeseen disruptions and variances in the weather conditions, robustness in form of time buffers are necessary in order to give the system a chance of recovery. Generally, one delay often affects several flights due to the lack of time buffers. In order to achieve cost reductions and to maximize profit, airlines tends to create traffic programs maximizing airborne hours. This report culminates in a conclusion of where and when time buffers, in a cost efficient way, can be added in Scandinavian Airline´s traffic program in order to obtain a higher robustness. This is performed by analyzing historical flight data and by implementing a Monte Carlo simulation.
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